Dealing as Principal Sample Clauses

Dealing as Principal. Execution and capacity: Every order which we may take is accepted and executed on the basis that we act on our own account as principal and not as agent for you.
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Dealing as Principal. In all dealings with LCH, Clearing Members shall be required to act as principals and the IPE shall make it a provision of the IPE Regulations that all IPE Contracts entered into in accordance with the IPE Regulations shall be made by an IPE Member as a principal with any other IPE Member, and not as agent.
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Dealing as Principal. The Client acknowledges that the Participant may, in certain circumstances permitted under the Corporations Act or the ASX Clear Operating Rules, take the opposite position in a transaction in the OTC Options CCP Contract, either acting for another client or on its own account.
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Dealing as Principal. The Client acknowledges that the Market Participant or Clearing Participant may, in certain circumstances permitted under the Corporations Act, the ASX Operating Rules or the ASX Clear Operating Rules, take the opposite position in a transaction in the Derivative Market Contract, either acting for another client or on its own account.
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Dealing as Principal. 1. The Company may from time to time, as principal, have positions in, or may buy or sell, or make a market in any Crypto Assets or participate in the Crypto Assets Exchange Markets, which the User has an interest or is also engaging in. The User further acknowledges and agrees that the Company or its Affiliates may be a counterparty to its trade or have a position or a direct or indirect interest in any transaction even if the Company takes up a position that is opposite to the position taken by the User, or have bought or sold any Crypto Assets as principal for its account or as principal or agent for the consideration of itself or its Affiliates. As long as there is no conflict of interest issue created by the Company's position or involvement in the Crypto Assets Transaction, the User agrees that the Company is not obliged to disclose to the User, at the time of or after entering into a trade, that the Company is acting as principal for its account or acting as principal or agent for the account of its Affiliates.
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Dealing as Principal. If you place an Order or give an instruction in respect of Financial Instrument traded in any market, you understand and agree that, unless otherwise notified to you, CLSA will, acting as your agent, execute such Orders with any of its Affiliates who will act as principal. Such CLSA Affiliate will execute such transactions on a back-to-back basis for its own benefit and on an arms' length basis facing CLSA and other counterparty from whom such CLSA Affiliate proposes to obtain or to whom such CLSA Affiliate proposes to sell relevant Financial Instrument. You acknowledge that you are fully aware of the inherent conflicts of interest when such CLSA Affiliate assumes a principal position, and consent to the nature of the transactions. You acknowledge and agree that such CLSA Affiliate may make and maintain trading profit from these back-to-back transactions concerning the Financial Instrument. You agree and confirm that such CLSA Affiliate’s obligations of payment for and/or delivery of Financial Instrument sold or purchased (as the case may be) are conditional upon, and only to the extent that, delivery of Financial Instrument and/or payment for the Financial Instrument purchased or sold by such CLSA Affiliate is actually received by such CLSA Affiliate from the relevant counterparty. You acknowledge and agree that the settlement of sale or purchase of Financial Instrument may be delayed or cancelled due to any failure by the counterparty to deliver sufficient funds or the relevant Financial Instrument to such CLSA Affiliate under the aforesaid back-to-back transactions. You agree that in no event CLSA and such CLSA Affiliate shall be liable for any losses or damages suffered or incurred by you resulting or arising from such failure to pay/deliver and/or delay in payment/delivery (other than directly resulting or arising from CLSA's or such CLSA Affiliate’s fraud or gross negligence).
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Dealing as Principal. You acknowledge that IBA may, in certain circumstances permitted under the Corporations Act and the Rules, take the opposite position in a Derivative Product, either acting for another customer or on its own account. [ASX MIR 3.1.6(1)(h); ASX MIR 3.1.7(1)(d)(ii); ASX Clear OR S5.5]
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Dealing as Principal. 9.1 You acknowledge that we may, in certain circumstances permitted under the Corporations Act, the Clearing Rules and the Market Rules, take the opposite position in a transaction, either acting for another client, on our own account or on the account of an associate of ours. We may from time to time undertake transactions on our own behalf through other Market Participants. You acknowledge that in some circumstances such orders may compete with the orders of our clients indirectly. Notwithstanding that we may act in accordance with the instructions of, or for your benefit, you acknowledge that any contract arising from any order submitted to ASX is entered into by us as principal.
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Dealing as Principal 
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Related to Dealing as Principal

  • Purchases as Principal Each sale of Notes to the Agent as principal shall be made in accordance with the terms of this Agreement and the Agent and the Company will enter into a Terms Agreement that will provide for the sale of such Notes to and the purchase thereof by the Agent. Each "Terms Agreement" may take the form of an exchange of any form of written telecommunication or oral communication followed by written confirmation or telecommunication between the Agent and the Company and shall be with respect to such information (as applicable) as is specified in Exhibit A hereto. The Agent's commitment to purchase Notes as principal shall be deemed to have been made on the basis of the representations and warranties of the Company herein contained and shall be subject to the terms and conditions herein set forth. Each agreement by the Agent to purchase Notes as principal (whether or not set forth in a Terms Agreement) shall specify the principal amount of Notes to be purchased by the Agent pursuant thereto, the maturity date of such Notes, the price to be paid to the Company for such Notes, the interest rate and interest rate formula, if any, applicable to such Notes and any other terms of such Notes. Each such agreement shall also specify any requirements for officers' certificates, opinions of counsel and letters from the independent public accountants of the Company pursuant to Section 4 hereof. A Terms Agreement may also specify certain provisions relating to the reoffering of such Notes by the Agent. Each Terms Agreement shall specify the time and place of delivery of and payment for such Notes. Each date of delivery of and payment for Notes to be purchased by the Agent as principal or as agent or by any other purchaser is referred to herein as a "Settlement Date." Upon the Company's request, the Agent will notify the Company either orally or in writing (as specified by the Company) of the aggregate principal amount of Notes held by the Agent as principal purchased pursuant to a Terms Agreement pursuant to this Agreement.

  • Interest and Principal The Notes will mature on July 1, 2020 and will bear interest at the rate of 4.250% per annum. The Issuers will pay interest on the Notes on each January 1 and July 1 (each an “Interest Payment Date”), beginning on January 1, 2016, to the Holders of record on the immediately preceding December 15 or June 15 (each a “Record Date”), respectively. Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from and including the date of issuance. Payments of the principal of and interest on the Notes shall be made in Dollars, and the Notes shall be denominated in Dollars.

  • Payment of Interest and Principal All unpaid principal, together with any then accrued and unpaid interest and any other amounts payable hereunder, shall be due and payable on November 30, 2020 (the “Maturity Date”). If any payment hereunder becomes due and payable on a Saturday, Sunday or legal holiday under the laws of the United States of America or the State of Minnesota, or both, the due date thereof shall be extended to the next business day and interest shall be payable for any principal so extended for the period of such extension. Payments of principal and interest are to be made at the address provided herein for the Holder (or at such other place as the Holder shall have notified the Debtor in writing at least five (5) days before such payment is due) or by wire transfer pursuant to the Holder’s written instructions. Payments of interest and principal are subordinate to any indebtedness held by Lone Star Value Investors, LP.

  • Payments of Principal If an Early Amortization Period has not begun, on the Expected Final Payment Date, or on each Payment Date for an Early Amortization Period, and if the Indenture Trustee has received the Monthly Investor Report by the related Determination Date, the Indenture Trustee (based on the information in the Monthly Investor Report) will withdraw an amount up to the aggregate Note Balance of Series 20 - from the Series 20 - Principal Funding Account for payment in the following order of priority: (i) to the Noteholders of [the][each Class of] Class A Notes, [pro rata based on the principal amount of each Class of Class A Notes,] until the Note Balance of [the][each Class of] Class A Notes is reduced to zero, (ii) to the Noteholders of Class B Notes, until the Note Balance of the Class B Notes is reduced to zero, (iii) to the Noteholders of the Class C Notes, until the Note Balance of the Class C Notes is reduced to zero and (iv) to the Noteholders of the Class D Notes, until the Note Balance of the Class D Notes is reduced to zero.

  • Payments of Interest and Principal (a) The Issuer will cause interest to be paid on each Interest Payment Date and principal to be paid on the Expected Maturity Date; provided, however, that it shall not be an Event of Default if principal is not paid in full on such Expected Maturity Date unless funds for such payment have been allocated in accordance with Section 3.01 of the Indenture Supplement; and provided, further, that if a Class C(2020-5) Adverse Event has occurred and is continuing, principal will instead be payable in monthly installments on each Principal Payment Date for the Class C(2020-5) Notes in accordance with Sections 3.01 and 3.05 of the Indenture Supplement. All payments of interest and principal on the Class C(2020-5) Notes shall be made as set forth in Section 1102 of the Indenture.

  • Prepayment of Principal Mandatory prepayments of principal, if any, of each Series of Notes shall be determined, allocated and distributed in accordance with the procedures set forth in the applicable Series Supplement, if not otherwise described herein.

  • Failure to Pay Principal The Borrower fails to pay or cause to be paid any principal of such Exchange Note on the applicable Final Scheduled Payment Date and, if such failure is due to an administrative omission, mistake or technical difficulty such failure continues for three (3) Business Days after the date when such principal became due or such other length of time as specified in the Exchange Note Supplement;

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